Description
Exceptional investment opportunity in the heart of Granada Hills! This newly remodeled single-family residence is accompanied by two ADUs, offering incredible income potential and flexibility for investors alike.The main residence at 15952 Simonds St features approximately 1,200 sq ft with 3 bedrooms and 1.5 bathrooms, thoughtfully updated and currently tenant-occupied. The attached Jr. ADU (15950 Simonds St) offers approximately 550 sq ft with 1 bedroom and 1 bathroom, newly built and now leased. The detached ADU (15954 Simonds St) is a standout, offering approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, newly constructed with high ceilings, modern finishes, and excellent rental appeal — also fully leased.With all three units newly remodeled or newly built and currently tenant-occupied, this property delivers immediate cash flow with established rental income in place. Investor projections previously indicated the potential to generate $9,200 per month, and the property is now operating as a stabilized, income-producing asset.A rare opportunity to own a turn-key multi-unit property on one lot in a desirable Granada Hills location close to schools, shopping, dining, and freeway access — ideal for investors or 1031 exchange buyers seeking strong income and long-term appreciation, or owner-occupants looking to offset their mortgage with rental income.
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7BEDS
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0.19ACRES
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5BATHS
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01/2 BATHS
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2,950SQFT
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$542$/SQFT
Description
Exceptional investment opportunity in the heart of Granada Hills! This newly remodeled single-family residence is accompanied by two ADUs, offering incredible income potential and flexibility for investors alike.The main residence at 15952 Simonds St features approximately 1,200 sq ft with 3 bedrooms and 1.5 bathrooms, thoughtfully updated and currently tenant-occupied. The attached Jr. ADU (15950 Simonds St) offers approximately 550 sq ft with 1 bedroom and 1 bathroom, newly built and now leased. The detached ADU (15954 Simonds St) is a standout, offering approximately 1,200 sq ft with 3 bedrooms and 2 bathrooms, newly constructed with high ceilings, modern finishes, and excellent rental appeal — also fully leased.With all three units newly remodeled or newly built and currently tenant-occupied, this property delivers immediate cash flow with established rental income in place. Investor projections previously indicated the potential to generate $9,200 per month, and the property is now operating as a stabilized, income-producing asset.A rare opportunity to own a turn-key multi-unit property on one lot in a desirable Granada Hills location close to schools, shopping, dining, and freeway access — ideal for investors or 1031 exchange buyers seeking strong income and long-term appreciation, or owner-occupants looking to offset their mortgage with rental income.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-03-08T08:25:23.8. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Pushpa Nagaraj Team | Compass. Licensed in the State of California, USA.